[ad_1] SAN FRANCISCO: Tech titans Google and Microsoft announced better then expected earnings on Tuesday as the frenzy over artificial intelligence stokes investor excitement and breathes a new life into the sector. The release of ChatGPT last year landed as tech giants were embarking on major layoffs and cost-cutting plans, with share prices hammered after … Read more
[ad_1] DHAKA/AHMEDABAD: Adani Group Chairman Gautam Adani called on Bangladesh Prime Minister Sheikh Hasina in Dhaka on Saturday following the full load commencement of power supply to Bangladesh from the Group’s Ultra Super-Critical Thermal Power Plant (USCTPP), in Godda, Jharkhand.The Godda USCTPP, which marks the Adani Group’s entry into transnational power projects, is India’s first … Read more
[ad_1] A federal judge has handed Microsoft a major victory by declining to block its looming $69 billion takeover of video game company Activision Blizzard. Regulators sought to ax the deal saying it will hurt competition.US District Judge Jacqueline Scott Corley said in a ruling that the Federal Trade Commission, which enforces antitrust laws, has … Read more
[ad_1] WASHINGTON: The S&P 500 and Nasdaq surged on Thursday to close at their highest in 14 months, as investors cheered economic data that fueled bets that the US Federal Reserve is nearing the end of its aggressive interest-rate hike campaign.Treasury yields slid after a slew of economic data pointed to easing inflation, helping offset … Read more
[ad_1] Microsoft security researchers have unearthed a Chinese-sponsored hacking campaign targeting critical infrastructure in Guam and other unspecified locations within the United States, the tech giant warned on Wednesday. The hacking operation, code-named “Volt Typhoon,” has been active since mid-2021 and “could disrupt critical communications infrastructure between the United States and Asia region during future crises.” … Read more
[ad_1] SAN FRANCISCO: Bill Gates, Microsoft Corp’s co-founder, on Monday said the technology race to win is development of the top artificially intelligent agent, poised to disrupt search-engine, productivity and online shopping businesses.Speaking at AI Forward 2023, an event in San Francisco hosted by Goldman Sachs Group Inc and SV Angel, Gates said it would … Read more
[ad_1] Microsoft Corp will not raise salaries for full-time employees this year and is reducing budget for bonuses and stock awards, Insider reported on Wednesday, citing an internal email by CEO Satya Nadella.The tech giant did not immediately respond to a Reuters request for comment.“Last year, we made a significant investment in compensation driven by … Read more
[ad_1] LONDON: A basket of stocks selected by ChatGPT, a chatbot powered by Artificial Intelligence (AI), has far outperformed some of the most popular investment funds in the UK, according to media reports.Between March 6 and April 28, a dummy portfolio of 38 stocks gained 4.9 per cent while 10 leading investment funds clocked an … Read more
[ad_1] British antitrust regulators block Microsoft purchase of Activision Blizzard – CBS News Watch CBS News British antitrust regulators have blocked Microsoft’s $69 billion deal to buy video game maker Activision Blizzard. In a statement Wednesday, Britain’s Competition and Markets Authority said, “we’ve prevented Microsoft from purchasing Activision over concerns the deal would damage competition … Read more
[ad_1] British regulators have blocked Microsoft’s $69 billion deal to buy video game maker Activision Blizzard over worries that the move would stifle competition in the cloud gaming market. The UK’s Competition and Markets Authority said in its final report Wednesday that “the only effective remedy” to the significant loss of competition that the deal … Read more